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Hot stocks: Canada’s top performers in Q3 2025
['Michael Mccullough', 'Michael Is A Financial Writer', 'Editor In Duncan', 'B.C. He S A Former Managing Editor Of Canadian Business', 'Editorial Director Of Canada Wide Media. He Also Writes For The Globe', 'Mail']
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These numbers compared favourably with the S&P 500 in the U.S., which returned 7.8% (8.1% total return) in Q3.
Of the 296 mid- to large-capitalization stocks in Canada (with a market value of $2 billion or more), the standouts included technology, cannabis, uranium, fast fashion, and gold companies—the domain of risk-takers.
One of the top 10 performers (listed below), Cresco Labs Inc., started the quarter as a penny stock.
Curaleaf, which is based in Wakefield, Mass., joined the S&P/TSX Composite in September, becoming the only cannabis producer on the index.
Inclusion in a major index usually boosts a company’s stock price as index funds are forced to add it to their portfolios.